China Construction Composites Market Size & Outlook
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China construction composites market highlights
- The China construction composites market generated a revenue of USD 1,822.1 million in 2020 and is expected to reach USD 3,094.7 million by 2028.
- The China market is expected to grow at a CAGR of 6.8% from 2021 to 2028.
- In terms of segment, carbon fiber was the largest revenue generating fiber type in 2020.
- Glass Fiber is the most lucrative fiber type segment registering the fastest growth during the forecast period.
Construction composites market data book summary
| Market revenue in 2020 | USD 1,822.1 million |
| Market revenue in 2028 | USD 3,094.7 million |
| Growth rate | 6.8% (CAGR from 2020 to 2028) |
| Largest segment | Carbon fiber |
| Fastest growing segment | Glass Fiber |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Fiber, Glass Fiber |
| Key market players worldwide | RPM International Inc, Fortune Brands Innovations Inc, Trex Co Inc, CRH PLC, Strongwell, Zhengzhou Yalong Putex Composite Materials Co., Jiangsu Jiuding New Material, Fibrolux |
Other key industry trends
- In terms of revenue, China accounted for 21.5% of the global construction composites market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China construction composites market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,629.0 million by 2028.
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Construction Composites Market Scope
Construction Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fibrolux | View profile | 101-250 | Hofheim Am Taunus, Hessen, Germany, Europe | https://fibrolux.com/ |
| Jiangsu Jiuding New Material | View profile | 1001-5000 | Rugao, Jiangsu, China, Asia | http://www.cjdg.com |
| Zhengzhou Yalong Putex Composite Materials Co. | View profile | 11-50 | Zhengzhou, Henan, China, Asia | https://www.ylfrp.com |
| Strongwell | View profile | 501-1000 | Virginia, Nebraska, United States, North America | http://strongwell.com |
| Trex Co Inc | View profile | 1765 | 2500 Trex Way, Winchester, VA, United States, 22601 | https://www.trex.com |
| RPM International Inc | View profile | 17274 | 2628 Pearl Road, P.O. Box 777, Medina, OH, United States, 44256 | https://www.rpminc.com |
| Fortune Brands Innovations Inc | View profile | 11700 | 520 Lake Cook Road, Suite 300, Deerfield, IL, United States, 60015-5611 | https://www.fbin.com |
| CRH PLC | View profile | 78500 | Stonemason’s Way, Rathfarnham, Dublin, Ireland, D16 KH51 | https://www.crh.com |
China construction composites market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to construction composites market will help companies and investors design strategic landscapes.
Carbon fiber was the largest segment with a revenue share of 60.76% in 2020. Horizon Databook has segmented the China construction composites market based on carbon fiber, glass fiber covering the revenue growth of each sub-segment from 2018 to 2028.
- China Construction Composites Fiber Type Outlook (Revenue, USD Million, 2018-2028)
- Glass Fiber
- Carbon Fiber
- Others
- China Construction Composites Resin Type Outlook (Revenue, USD Million, 2018-2028)
- Thermoset
- Thermoplastic
- China Construction Composites Application Outlook (Revenue, USD Million, 2018-2028)
- Industrial
- Commercial
- Residential
- Others
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Target buyers of China construction composites market databook
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Our clientele includes a mix of construction composites market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China construction composites market , including forecasts for subscribers. This country databook contains high-level insights into China construction composites market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
China construction composites market size, by application, 2018-2028 (US$M)
China Construction Composites Market Outlook Share, 2020 & 2028 (US$M)
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